NOT LISTED FOR SALE

1174 Rainbow Rd Advance, NC 27006

Estimated Value: $110,000 - $222,000

2 Beds
1 Bath
1,100 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $59,900 $54 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $882/month

23 Days on Market

Highlights

  • No HOA
  • Cottage
  • Porch
  • North Davie Middle School Rated A-
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of October 2016

Cute Cute Cute... Major Updates include New wiring, fixtures, faucets, floor, insulation. All new Kitchen includes, floor, counters, fixtures. Large living room, eat-in Kitchen. Great front porch. Detached garage with tons of storage plus old tobacco barn. Convenient to major highways. Must See! Great Opportunity!

Last Agent to Sell the Property

James Williamson

Leonard Ryden Burr Real Estate License #135574 Listed on: 08/05/2016

Last Buyer's Agent

James Williamson

Leonard Ryden Burr Real Estate License #135574 Listed on: 08/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1951

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 105 x 163
  • Level Lot
  • Property is zoned SF

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Aluminum Siding

Interior Spaces

  • 971 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 054
  • Assessor Parcel Number D600000054
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Lot Size: 105 x 163
  • Subdivision Name: None
  • Directions: I 40 West, exit 180 B, right on Hwy 801 North, left Redland Road, right Rainbow Road
  • Above Grade Finished Sq Ft: 971
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1951
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 971
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: D600000054
  • Zoning: SF
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 409
  • Tax Block: 00
  • Tax Lot: 054
  • Tax Map Number: D6
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 14, 2016
Sold by
Santander Bank
Bought by
Gunter Jonathan and Gunter Ivey
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
Buyer's Agent
James Williamson
Leonard Ryden Burr Real Estate
List Price
$61,400
Sold Price
$59,900
Premium/Discount to List
-$1,500
-2.44%
Current Estimated Value
$157,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,521
Avg. Annual Appreciation
11.27%
Original Mortgage
$47,900
Outstanding Balance
$38,413
Interest Rate
3.47%
Estimated Equity
$119,008

Purchase Details

Closed on
Sep 1, 1992
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gunter Jonathan -- --
-- $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunter Jonathan $47,900
Closed Gunter Jonathan --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $59,900 -2.4% $75 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $61,400 -- $77 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $672 $97,630 $18,410 $79,220
2024 $421 $54,520 $14,040 $40,480
2023 $421 $54,520 $14,040 $40,480
2022 $421 $54,520 $14,040 $40,480
2021 $421 $54,520 $14,040 $40,480
2020 $405 $52,060 $13,730 $38,330
2019 $405 $52,060 $13,730 $38,330
2018 $405 $52,060 $13,730 $38,330
2017 $400 $52,060 $0 $0
2016 $409 $53,270 $0 $0
2015 $409 $53,270 $0 $0
2014 $352 $53,270 $0 $0
2013 -- $53,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Williamson

    Seller's Agent in 2016

    James Williamson

    Leonard Ryden Burr Real Estate

    (336) 779-9200

    99 Total Sales

    James Williamson
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Map

Source: Triad MLS

MLS Number: 803831

Triad MLS

APN: D6-000-00-054

North Carolina Davie County Advance 27006

1174 Rainbow Rd, Advance, NC

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